Gun Control Fears Drive Record-High Sales for Sturm Ruger

Although President Obama didn’t advance a gun control agenda in his first term, firearms production has been on a steady and dramatic rise throughout his presidency. Sales skyrocketed, however, when lawmakers took up the issue of gun control in the aftermath of the Newtown massacre. Now, with the release of gunmaker Sturm, Ruger & Co.’s sales figures, we’re getting a closer look at just how much. Via Zero Hedge:

If you think that’s a lot, check out the company’s backlog of guns on order, which slightly surpasses the 2 million mark and is a 40 percent increase from the previous quarter: